Iqe Share Discussion Threads

[coolhandfluke] 19/8/2018 15:09

?One of my nephews, family of 4, has 5 cars.

[horneblower] 19/8/2018 13:54

1 per car?
Harumph!

[dr_smith] 19/8/2018 12:34

..you missed off the wink
"next-generation PRODUCT cycles."
My MTB has 2 high res optics that automatically zoom in to attracive ladies and conduct a full 3D scan. My eyes. :-)
The memory chip needs replacing though. :-(

On market size, smartphones is a big market, being a per person product and life span of say 1-3 years. For cars, it is say <1 per family on average and life span (through being on-sold etc) of say 10 years+, so car market size will be tiddly in comparison - though may have higher number of hi-tec components (VCSELs) per car than a typical next gen smartphone.

[coolhandfluke] 19/8/2018 12:07

Good to read going to be used on bicycles, that's a huge market.

[grity] 19/8/2018 10:58

So what do we think the catylst is going to be to light the torch paper .

29th August first half results.
Confirmation of all new iPhones with Face ID.
Shorts closing ( no signs yet ).
Or will we have to wait till December TU.
Or even full year results in March 2019?
1.40+ will do for me till the next AGM.

[bocase] 19/8/2018 09:15

Apologies this has been posted but I don't think it has.



Lumentum’s annual revenue grows 25% to record $1.25bn, yielding record profit

including the following..dated 17/8/18

“Early in the fourth quarter, we started shipping VCSEL products that we believe will be used in next-generation product cycles. We expect this volume ramp to continue through the first quarter and into the fiscal second quarter of 2019,” he adds. “This earlier ramp [than expected] will result in 3D sensing volumes being spread across more quarters compared to last year’s peak profile. In the fourth quarter we had modest revenue contributions from multiple Android customers who have or will be announcing new high-end devices. We’ve numerous additional products in design with our lead customer. We are also engaged with new customers on multiple new products and have received production purchase orders from several of these customers,” he adds. “We expect to broaden our customer base and product mix over the time that 3D sensing proliferates from high-end mobile devices to a broader range of products and price points. We also continue to work on 3D sensing and LiDAR for automobile applications, and expect this to be a growth driver in 2021 and beyond. With our proven manufacturing scalability, proven field reliability and new product pipeline, we believe we are well positioned to be the partner of choice for 3D sensing customers around the world in fiscal 2019 and over the long run.”

[squire007] 19/8/2018 07:18

Face ID ads,been running for weeks on telly ...it's all coming fast.

[thecrunk] 19/8/2018 07:15

Check this

Face ID for everything

[squire007] 18/8/2018 11:07

I would just love IQE and VRS to announce some sort of collaboration saying that nanene enhanced wafers to revoloutinise the market .......... :-)
Just for starters ... lol, Patents a plenty ;-)

[dr_smith] 17/8/2018 17:48

Slightly OT - for those that complain quarterly (IQE) news in insufficient:
"Trump calls for end to quarterly reporting"


"Mr Trump tweeted: "In speaking with some of the world's top business leaders I asked what it is that would make business (jobs) even better in the US. 'Stop quarterly reporting & go to a six month system,' said one", he tweeted."

So Mr T didn't speak to investors..and it was only one business leader.
The ecology of business, like most things is about balance, so IMO, Trumps comment, in techical terms, is a load of b*l*x.
Can't help thinking Mr Musk is that "one" as this has been a big bone of contention for him.

It is good that Trump questions the status quo (while he's rockin' all over the world) but wish he would think more and listen to his plethora of advisors more before speaking or tweeting.

Though.. if he did that, I wouldn't be sat here talking about him...hmmm maybe there is method in his madness. ;-)

Dave

[yankeekraut] 17/8/2018 17:40

all very relevant points Bocase; the thing is, based on the NDA restrictions and the fact that IQE only file financial reports every 6 months - the lack of catalysts to support upwards share price momentum will not drastically change. A CFO appointment and a few announcements over the next few months re. new customers will certainly support a short-term share price spike; but the revenue and earnings picture for 2019 and beyond are a work-in-progress. A lot is happening and capacity is being ramped up on 2 continents, but based on what IQE has said and all of the associated variables, it is pretty difficult to do any accurate projections. What does this mean re. earnings: "in particular the further ramp up which is expected in 2019, with considerable anticipation". Basically, the small fire that was created last year is just now slowly, but surely, starting to grow. How fast & bright & long will it burn...?

[breakconvention] 17/8/2018 17:33

The next two to three weeks will obviously be critical for changing sentiment & momentum here. I prey the BOD realise that judgement day is approaching...Nothing less than a 'Bear Roast' will suffice!

[bocase] 17/8/2018 16:38

Knackers:

IQE down. Question is why?

Many reasons but probably not related to IQE's stellar prospects except in the sense that large investors wanting to build a large position therefore trying to pick up stock on the cheap would use the quiet summer months, shorters, fake news, stop loss triggers, lack of company news due to NDAs, lack of a CFO etc to scare out nervous holders to pick up shares while they can. All those factors can contribute to share price weakness, many of them engineered by buyers.

It won't last forever.

[knackers] 17/8/2018 16:17

IQE down about the same since late last year isn't exactly helping either ;o)

Question is why? IQE are in the growth market and have pretty compelling prospects. Supplier contracts with only a third of those we're in test with would be game-changing.

[grity] 17/8/2018 15:41

AMS Down 45% since March is not helping .

[bbonsall] 17/8/2018 14:56

Adejuk
Seems to me that the gang of shorters cover each other. Marshall Wace has halved its short position from about 3% to 1.5% since end of April without affecting the share price You see others popping up with small increases in their short position. Maybe one is selling to help others buy so as to scare PIs into thinking shorts know something.
I think they are all barmy to be shorting at £1 with prospects and developments as they are.
It is a shady game they play.

[breakconvention] 17/8/2018 11:44

We'll I think Dr Drew had better deliver the goods or he'll really be letting loyal LTH's down here. People who have held & maintained this share price above a £1, are well overdue some seriously good news. A new CFO would be a good start.

[adejuk] 17/8/2018 11:39

and the shorters haven't blinked - even increasing.
some nasty game afoot here.

[thereptile] 17/8/2018 11:36

A profits a profit as they they say. Aaaaaaaaaaaaaaaaaaaahhhhhhhhhh

[bocase] 17/8/2018 11:30

Adejuk:

Lest we forget indeed. It is good to be reminded. We need to keep the faith and be patient. I remember selling Arm holdings at 70p have bought around 50p as they seemed to be going nowhere. What did SoftBank pay? About £23.50 I think.

[adejuk] 17/8/2018 11:09

lest we forget

Dr Drew Nelson, Chief Executive of IQE, said:

"Our highly successful H2 2017 ramp of 6 inch VCSEL production for a
major customer has established IQE as the go-to materials solution
provider for this technology. It is widely recognised that with more
than 25 years' experience of working with VCSELs and a clear, visible,
commitment to world leading manufacturing capacity on two continents, we
are and will remain the premier preferred manufacturer of these
materials. H1 2018 has seen a very significant increase in the number
and extent of our engagements with VCSEL chip customers. We are now
engaged with over 20 VCSEL chip manufacturers in Asia, North America and
Europe on qualifications for mobile, sensing, automotive and datacom
applications. We are already fully qualified and in mass production
with six of these companies and in final qualification stages with an
additional six more. Furthermore, as detailed in our announcement of 9
July 2018, we reached a production milestone for our NIL technology
which demonstrates our ability to bring to market some of the leading
materials solutions that we have been showcasing and sampling to our
customers. We have significant engagements for our other core
technologies, including GaN on Silicon, cREO and QPC, and these are
proceeding as planned. The H2 2018 ramp for Photonics has already
started and we look forward to the rest of 2018 and in particular the
further ramp up which is expected in 2019, with considerable
anticipation."

[diplomat65] 17/8/2018 10:18

Here's the McKinsey report covering the future for semiconductors and the use of Graphene. . . hTtps://www.mckinsey.com/industries/semiconductors/our-insights/graphene-the-next-s-curve-for-semiconductorsWe IQE punters are definitely backing the right horse, just wish the jockey would use the whip a little more often!Talking of which, I'd best be off, an afternoon's racing at Newbury beckons. Tally ho, giddy-up and GLA all LTAs!

[adejuk] 17/8/2018 09:31

from vrs thread

Graphene is the world’s first 2D material. It is one atomic layer of carbon, the thinnest and strongest material in the world, yet flexible, transparent and impermeable to any known molecules. It is extremely electronically and thermally conductive. Forecasted by McKinsey to be a $70 billion market by 2030 for the semiconductor sector alone.